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$346,900

Beds
3
Baths
2.0
sq ft
1,665

107 Heritage Cir, Panama City Beach, FL 32407

107 Heritage Cir

Panama City Beach, FL 32407

  • <1 day on market
Welcome to Heritage Village - a quiet community nestled in the heart of Panama City Beach! Conveniently located to the beautiful beaches of the Emerald Coast in just under 3 miles. This home is surrounded by restaurants, shops & entertainment with Pier Park just mins away! This Ranch home is full of character and features an open floor plan with updated tile flooring throughout, spacious Kitchen with tons of storage, stainless steel appliances, granite tile counters, pantry & breakfast bar. Separate Dining Rm off the kitchen that leads to the FL Rm complete with storm windows and slate tile flooring - a wonderful place to relax with a good book or glass of wine! Spacious Primary Bedroom with 2 closets and w/2 sets of French doors that open to the private backyard; Primary Bathroomw/dual vanity offers lots of storage, copper sinks and beautiful spa shower & skylight. The crown jewel of this home, other than its proximity to the beach, is the private backyard oasis that awaits your creative vision - fully fenced and anchored by multi-generational plants and flowers perfect for garden lovers. Additionally, this home has a new water heater, newer roof, freshly painted interior and exterior. W/D convey with the property!

Details

Property type

Single Family Residence

Est. home value

$349,680

Lot size

6,098 sq ft

Price per sq ft

$209

Year built

1987

Monthly HOA fee

$12.5

Price History

01/29/2025
CentralPanhandle

CentralPanhandle #767892

Listed
$346,900
-0.6%
12/16/2024
CentralPanhandle

CentralPanhandle #763608

Removed
$349,000
12/08/2024
CentralPanhandle

CentralPanhandle #763608

Price change
$349,000
+2.35%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Fishing, Park

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$203,056
Asking price
$346,900
Closing costs (~8% of asking)
-$27,752
Est. remaining loan balance
-$116,092
Cash to seller
$203,056

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Centennial Bank

Loan start date

August 2022

Original loan amount

$120,000

Est. remaining balance

$116,092

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Eric C Otto and Shannon E Otto

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 1:05 PM

Listing updated: 01/29/2025 at 3:50 PM

Listed by: Abbott Martin Group, EXP Realty LLC Phone #: (850) 460-2900

MLS: CentralPanhandle #767892

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